Trucking Trucks for container haulage can be short framed. Risks and Challenges Like every serious business, there risks in involved in operating haulage services in Nigeria and understanding these risks will help you plan your investment properly. This haulage business plan in nigeria what is bta mass production through economies of scale because larger markets can be accessed.
Nigeria has the largest road networks in West Africa and the second largest, South of the Sahara, with roughlykm of surfaced roads. A good management team is very necessary to running a successful trucking company.
In each group, haulage can be undertaken on a small or large scale over short or long distances. Get your own Sample haulage business plan in Nigeria!
Their mismanagement has kicked a lot of business owners out of business. The type of vehicles or equipment used in haulage business differs on the type and nature of haulage.
You must be top notch in your approach to customer care, ensure that your staff are well trained to relate with customers properly. The types of cargo you will be able to carry will determine the types of clients you will work with.
You should find a competent automobile we pair companies or technicians who can handle repairs of your vehicles. While some really does it as addition to their own fleets, others specialize exclusively in handling other haulage business plan in nigeria what is bta trucks.
If, for instance you choose petroleum products haulage, what you would need is a petroleum tanker and you would have to register with an oil company or work as a sub- contractor with an already registered company, but if you want to go into building materials haulage like carrying of sand, cement and granite from quarries to construction sites, what you would need is a tipper or along.
Raising your startup capital. You also need to think of ways to beat your competitors and brand your business so that it can stand out from others in the industry.
Producers and consumers take economic decisions in products markets, cost, location prices which are based on transport services, their availability costs and capacity. Haulage Business Plan in Nigeria — Feasibility Study on Haulage Business January 29, by BusinessPlan 1 Comment Haulage Business Plan in Nigeria — Feasibility Study on Haulage Business The haulage business which is also referred to as the logistic business is one of the most lucrative businesses in Nigeria presently, even though a lot of people do not maximize the opportunity of this business because of the supposed capital intensive nature as well as the risk involved.
The quarry breaker is the equipment used. To achieve this you will need to have set out a niche for yourself and then make a list of all the prospective customers that fall within that category.
Employees; You have to think about the drivers first because use they are the life wires of haulage business? These are people who work under a registered Haulage Company and their work is to manage your fleet and pay you a certain amount monthly, based on agreement.
However, all these companies have stringent entry procedure and requirements, so your option going in as an individual may mean merging with some other persons in the business. Financing your haulage business.
This is why obtaining insurance for your haulage business is very important policies, and the premiums you would be required to pay and compare it with your projected earnings to determine viability of the business.
You will need to think properly, before adopting this model, because you will be subject to certain terms and conditions stipulated by the company, you register with of course, you will be required to register with the company.
So, go ahead and fire up your investment portfolio with one of a kind investment opportunity in haulage business in Nigeria. This type of lease transfers all risks and benefits of ownership to the lessee while the lessor still retains title to the equipment, which may eventually be transferred.
Even though several people do not know it, the trucking industry is a real big deal in our day as a huge amount of profit is churned out of this business on a yearly basis.
These equipment, most often are been rented from leasing company and a certain amount is paid at the end of the month as per contract agreement between the two parties.
The country has enough population and a good network of roads linking the 36 states and Abuja, though not in very good condition. If your plan is to start a small — sized haulage business, you may be able to handle the administrative and marketing functions yourself but for a larger sized companies, you may have to employ staff to support with administrative and clerical duties as well as marketing and promoting the business.
In a quarry site which has been acquired by a quarry company with license from the government to break and sell to the public. As you could also place your vehicles under fleet management comparies who would manage the vehicles for you and pay you an agreed sum monthly.
Leasing provides the lessees the opportunity of payment over a longer period than with most other forms of financing. Your Services to Client You need to know who your clients would be, what their needs are and how you would reach them.
Your only requirement would be to go to their office and collect your money at the end of the month. Haulage distance charged can be within the state of operation e.
The Services you offer to Clients You need to know who your clients would be, what their needs are and how you would reach them. If you can afford the startup costs and are looking to start your own haulage business, then this post is for you, as it discusses the basics you need to know about the haulage business in Nigeria.
Congratulations; on your ambition to win one of the fastest growing businesses in Nigeria and the entire continent. Start — up Capital For the trucking business, you need capital and lots of it.
Agricultural products Heavy duty equipments like generators, transformers, pole etc Solid minerals and other finished products Commodities like sugar, flour, salt etc.Well, haulage is one of the best business you can do in Nigeria despite the hardship involved.
Transportation of goods from one location to the other has been a major challenge in Nigeria due to the very poor state of the Railway system in the country. Haulage business was known as a millionaire venture years ago and today, most people will disagree.
But a recent research which I conducted, with my team of fellow entrepreneurs here in Nigeria proved that haulage business is still a lucrative business anyone can start and make money. This sample Haulage and Logistics Business Plan In Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc.
Haulage and Logistics Business Plan is a lucrative business that needs a lot of strategic Planning to start and a business coach like Dayo Adetiloye to help you start the Implementation. The haulage business which is also referred to as the logistic business is one of the most lucrative businesses in Nigeria presently, even though a lot of people do not maximize the opportunity of this business because of the supposed capital intensive nature as well as the risk involved.
In Nigeria, haulage business and even logistics is a billion dollar business with an insatiable market. This is because transporting goods across long distances has become an important industry.
No matter the industry you find yourself, you must transport bulk goods to and fro (both raw and finished goods). Haulage Business Plan in Nigeria – Feasibility Study on Haulage Business.
The haulage business which is also referred to as the logistic business is one of the most lucrative businesses in Nigeria presently, even though a lot of people do not maximize the opportunity of this business because of the supposed capital intensive nature as.Download